ATTENTION INVESTORS! MULTI-UNIT RENTAL PROPERTY IN PRIME LOCATION!!! This income-generating rental property features two buildings, each with TWO units - a total of FOUR rentable units in a high demand area inside the Mitchell city limits. Each 2-bedroom, 1-bath unit is total electric and includes washer and dryer hookups for tenant convenience. Recent updates (see attachments) include new shingles on both buildings, reducing maintenance costs and increasing property values! With its prime location near shopping, dining and public transportation, this property offers strong rental potential with consistent cash flow opportunities. You will not want to miss out on this incredible investment opportunity!
Closed
$260,000
305-311 N 6th St, Mitchell, IN 47446
8beds
3,192sqft
Duplex
Built in 1997
-- sqft lot
$262,400 Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 08:08am
Listed by:
Vicki S Cooper Cell:812-653-0500,
RE/MAX Acclaimed Properties
Bought with:
Vicki S Cooper, RB14039989
RE/MAX Acclaimed Properties
Source: IRMLS,MLS#: 202511105
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Heat Pump, Multiple Heating Systems
Cooling
- Central Air, Multi Units
Appliances
- Included: Electric Water Heater
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), Laminate Counters, Eat-in Kitchen, Open Floorplan
- Flooring: Carpet, Vinyl
- Basement: Crawl Space,Block
Interior area
- Total structure area: 5,600
- Total interior livable area: 3,192 sqft
- Finished area above ground: 3,192
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio, Porch Covered
- Fencing: None
Lot
- Size: 6,534 sqft
- Dimensions: 100 x 264
- Features: Corner Lot, Level, 0-2.9999, City/Town/Suburb, Near Walking Trail, Landscaped
Details
- Additional structures: None
- Parcel number: 471136301006.000005
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: None
- Sewer: City
- Water: City, Mitchell Water
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: None
Location
- Region: Mitchell
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 31380
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
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